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Berita

Big three shipbuilders left out of Korea’s new shipping industry support program

  • 13 Jul 2016
  • 1117
  • INSA

The Ministry of Employment and Labor has finally designated Korea’s shipbuilding sector as a special employment support industry after a review process of less than 50 days.

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HSH offloads shipping NPLs totalling billions – currency exposure decreases

  • 13 Jul 2016
  • 1178
  • INSA

HSH Nordbank transferred a portfolio of non-performing loans from ship financing with a volume of EUR 5 billion (as at 31 December 2015) to hsh portfolio-management AöR of majority owners Hamburg and Schleswig-Holstein effective 30 June 2016, as planned.

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Greek parliament rubber-stamps sale of Piraeus stake to COSCO

  • 13 Jul 2016
  • 1161
  • INSA

Greek lawmakers on Thursday ratified the sale of a majority stake of Piraeus Port to China COSCO Shipping, a major privatisation project of the bailed-out nation under a left wing government.

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Baltic index rises for eighth straight session

  • 12 Jul 2016
  • 1202
  • INSA

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, continued its rise on Friday, for an eighth consecutive session, on stronger demand across all vessel segments.

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Construction Start On Johan Sverdrup Riser Platform

  • 12 Jul 2016
  • 1221
  • INSA

Project director for Johan Sverdrup Kjetel Digre, project manager for the riser platform and the processing platform Ståle Nordal and head of Samsung Heavy Industries’ offshore division Younsang Won led the formal celebration of the construction start in

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